Investors unsure of Green paper

Share via

IT WOULD be good to think that institutional investors in Marks & Spencer were currently prowling around Bhs and Top Shop, looking at the merchandise, analysing the footfall and trying to assess Philip Green’s abilities as a retailer. Perhaps they are paying close attention to how Dorothy Perkins fared when Stuart Rose was in charge and quite what he did for Top Man before selling Arcadia to Philip Green.

But only romantics would believe that the fund managers are worrying over what the two high-profile retailers might do for Marks & Spencer in the long term. What the majority are